The following are abridged accounting reports prepared for X Ltd:

Name and calculate the ratios which indicates:
(a) The rapidity with which accounts receivable are collected;
(b) The ability of the company to meet its current obligations;
(c) What profitability on capital invested has been attained;
(d) The efficiency with which funds represented by inventories are being utilised and managed;
(e) The ability of the company to meet quickly demands for payment of accounts due; and
(f) The relative importance of proprietorship and liabilities as source funds.

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I. II. III. IV. V. VI. VII. VIII. X Ltd. Statement of Profit and Loss for the year ended 31st March, 2016 Particulars (1) Revenue from Operations / Sales (all on Credit) Other Income Total Income (I + II) Expenses : Cost of goods sold Operating Expenses Total Expenses Profit before Tax (III-V) Provision for Tax Profit After Tax Note No. (2) Amount (3) (3) 3,00,000 Nil 3,00,000 2,25,000 57,000 2,82,000 18,000 8,000 10,000